Valmark Advisers Inc. Sells 68,616 Shares of Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Valmark Advisers Inc. trimmed its holdings in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 16.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 337,941 shares of the company’s stock after selling 68,616 shares during the quarter. Valmark Advisers Inc.’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $8,418,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also added to or reduced their stakes in the business. Charles Schwab Investment Management Inc. lifted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 4.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 238,259,660 shares of the company’s stock valued at $5,975,552,000 after buying an additional 10,065,870 shares during the period. Ameriprise Financial Inc. grew its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 11.9% during the 3rd quarter. Ameriprise Financial Inc. now owns 13,681,648 shares of the company’s stock worth $343,724,000 after buying an additional 1,449,980 shares during the period. JPMorgan Chase & Co. grew its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 6.2% during the 4th quarter. JPMorgan Chase & Co. now owns 5,200,552 shares of the company’s stock worth $130,430,000 after buying an additional 303,810 shares during the period. Bank of America Corp DE increased its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 10.4% in the 3rd quarter. Bank of America Corp DE now owns 4,153,770 shares of the company’s stock valued at $104,384,000 after acquiring an additional 390,772 shares in the last quarter. Finally, Exchange Traded Concepts LLC increased its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 46.6% in the 4th quarter. Exchange Traded Concepts LLC now owns 4,029,634 shares of the company’s stock valued at $101,063,000 after acquiring an additional 1,280,247 shares in the last quarter.

Schwab Intermediate-Term U.S. Treasury ETF Stock Down 0.1%

Shares of Schwab Intermediate-Term U.S. Treasury ETF stock traded down $0.02 during trading on Friday, reaching $24.50. 1,845,228 shares of the company traded hands, compared to its average volume of 2,800,052. Schwab Intermediate-Term U.S. Treasury ETF has a 1-year low of $24.42 and a 1-year high of $25.42. The company has a 50 day moving average price of $24.62 and a 200-day moving average price of $24.88.

Schwab Intermediate-Term U.S. Treasury ETF Profile

The Schwab Intermediate-Term U.S. Treasury ETF (SCHR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment grade debt issued by the US Treasury with remaining maturity of 3-10 years. SCHR was launched on Aug 5, 2010 and is managed by Charles Schwab.